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Rates Spark: Bearish Environment For U.S. Treasuries

Source: SeekingAlpha

2025-07-04 07:00:00 ET

By Padhraic Garvey, CFA & Benjamin Schroeder

Fiscal concerns and better-than-expected growth provide bearish UST environment

The better-than-expected US jobs data jerked 10y yields some 9bp higher, and it put an end to any hopes that the Federal Reserve could cut rates in July. That probability was seen as high as 25%, but has now dropped significantly to near zero....

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Rates Spark: Bearish Environment For U.S. Treasuries
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